Essex County Teachers Federal Credit Union

TODAY'S FEATURED RATES

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

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Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC

Member FDIC

4.31%

Our Rating

4.0 / 5

Vio Bank

Cornerstone Money Market

See Offer

Sponsored Note: Interest is compounded daily, growing your money fast

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

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Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

www.ectcu.org

973-748-8847

125 Franklin St
Bloomfield, NJ 07003

Essex County Teachers Federal Credit Union is headquartered in Bloomfield and is the 66^th largest credit union in the state of New Jersey. It is also the 3,143^rd largest credit union in the nation. It was established in 1936 and as of March of 2025, it had grown to 8 employees and 3,718 members at 2 locations. Essex County Teachers Federal Credit Union has a C health rating.

Field of Membership Restrictions

Must be an employee of a board of education in Essex County, the Montclair Police Department or ECTFCU.
See current membership details

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Health

Data as of Q1 2025

Learn why bank health matters

Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Essex County Teachers Federal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #	1131
Year Chartered	1936
Employees	8
Primary Regulator

Profit Margin
Return on Assets - YTD	0.03%
Return on Equity - YTD	0.38%
Annual Interest Income	$225K

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$22.1MM$23.8MM
Loans	Q1 2025vs Q1 2024	$7.5MM$9.6MM
Deposits	Q1 2025vs Q1 2024	$20.1MM$21.7MM
Equity Capital	Q1 2025vs Q1 2024	$1.6MM$1.7MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$195K$173K
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$167K$148K
Real Estate Owned	Q1 2025vs Q1 2024	$0$0

TODAY'S FEATURED RATES

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

4.31%

Our Rating

4.0 / 5

Vio Bank

Cornerstone Money Market

See Offer

Sponsored Note: Interest is compounded daily, growing your money fast

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

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Essex County Teachers Federal Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.10%	$0	-	Club Accounts
0.10%	$0	-	Vacation Club Account
0.10%	$0	-	Share Account
0.10%	$0	-	Sub Share Account

Essex County Teachers Federal Credit Union Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.05%	$0	-	Money Market Account

Essex County Teachers Federal Credit Union Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.05%	$0	-	Checking Account

Essex County Teachers Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
0.75%	$2k	-	60 Month Share Certificate
0.50%	$2k	-	36 Month Share Certificate
0.30%	$2k	-	24 Month Share Certificate
0.15%	$2k	-	12 Month Share Certificate
0.10%	$2k	-	6 Month Share Certificate

Locations

Essex County Teachers Federal Credit Union Locations
Branch Office	125 Franklin St	Bloomfield, NJ 07003-5730
Branch Office	465 Martin Luther King Jr Blvd Rm 221	Newark, NJ 07102

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